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crime. >> kelly: thank you. meanwhile, overseas in france, a court striking down a 75% income tax rate on its richest citizens, saying it's excessive, unfair and unconstitutional. the ruling is a big blow to the president who had promised during his campaign to raise taxes on the wealthy. katherine field is a correspondent for global radio news and joins us live on the phone from paris. thank you for joining us this evening. so what kind of blow is this politically to france's president? >> it's an embarrassing blow to him. he had made this tax rate hike a key platform of his manifesto. he said it would be a tax that would be france's rich helping the nation during harsh economic times. also the fact, this is thrown out by the constitutional court on a technicality. it was deemed to be not fair because it would be applied to individuals rather than households. so it looked as though the governed had been lobbying how it put the bills together, rushed it through parliament and put it before the constitutional court. is so it made everything look too fast and shabby. kelly. >> kelly: kat
france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against more tax hikes warning these could further restrict growth. he says it's built a bit of momentum, but still needs to do more. >> france has to reform. france cannot -- that can avoid reforms. it can be again reforms which might be different. but we need to reform. let me say that from that perspective, the recent decisions going the right direction and i think that the government has understood the need to help companies create jobs. so what is important is that this momentum is there going forward. i mean, the momentum, positive momentum regarding the negotiation between the trade unions and the corporate buddies to give more flexibility to the labor markets, to give the ability for corporates to adapt more quickly. it's very important that the government complies with reducing the budget deficit and reducing public spending. we have too high level of public spending. and if you reach the level of taxes is too hi
and puma. i spoke exclusively with the ceo. he's one of the richest men in france, and he tells me washington needs to resolve this fiscal cliff issue if they don't want consumers to stop their spending ways. >> let me start with what's going on in washington. we've got this negotiation for the fiscal cliff. if we go over the fiscal cliff, what is the impact to your business? >> well, there would be an impact on consumption, for sure. so when it comes to puma or mainstream brands in america in sports, there will be a for sure some consequences in terms of consumption. but i see that as an investment for the future. so it might be a little bit different from some of other ceos. we have to get over the fiscal cliff. let's not delay the thing. it needs efforts. let's make them short for a better future. i think we should be ready as a corporation, being ready for maybe a year of difficult market, difficult situation in the market because that is a ceiling on our growth in terms of economical growth as to be released. it's really me an investment for the future. >> you're seeing a simi
the france where the thinker quarter gdp is showing growth of less than 1 is% for the whole 2012. stephane pedrazzi joins us now from paris. stepha stephane, not a great set of growth figures for france. >> no. that's because of the fourth quarter. now a contraction of 2% of gdp is being tracked. it believes the economy will improve marginally next year. its target, 1 mers increase for the first and second quarter of next year mainly because of flat consumer spending. you know consumer spending is the main growth driver in france, raising the prospect of the weaker expected growth next year again. the officials target for the government is at 0.8%. we might be below this target and if that's the situation, the government will need to find additional resources of budget cuts. this morning, the french president confirmed the deficit target of 3% for the next year. he also said that the unemployment rate should decline at the end of the year even if the next year will be a difficult one. in the meantime, french unions, and employers have decided to extend negotiations from competitive net in
quarter. the eu, banking -- things like nap but, again, still down. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side of it disappointed, the services was stronger. while services is a big part of the economy, it's where we're trying to see the rebalancing in the german economy happen. from that point of view, probably a rather encouraging development. >> it is interesting. it's also very exportwise. what we saw on these numbers was german exports falling sharply again. and this is just signaling that global economic conditions, soft patch very weak, particularly for the region -- i'm sorry, within the eurozone itself. >> and it's consistent with the weakening glo
cementmaker dipped to restructure its european operations. they could put charges of over 500 million francs. carolin has more out for us out of europe. >> hey, ross. let's take a look at the market reaction. initially, the reaction on the markets is quite subdued. now accelerating its declines, off by 7.1%, the second worst decliner on the market. let's come back to holcim. it is responding to the sluggish construction environment in europe and that is why it's restructuring its european operations. it is taking a $440 charge on write-offs for property plan and equipment. on top of that, it sees an additional 1100 million swiss francs in costs for the fourth quarter. so the overall hit to the fourth quarter will be 500 million swiss francs. it does say that the rebound will save around $120 million swiss francs annually. but overall, analysts are surprised about the size of the additional write-offs that will be booked in the fourth quarter. but holcim is trying to reassure investors this morning, saying there is still potential for a dividend payout for 2012 but that decision will be taken
hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent pr
. >> juliet: president obama continues to push for tax hikes on the rich. and france lost a bid to raise taxes and he want today raise to 75%. now, there weren't a lot of people he was focused on, really not that much money, he was going to raise, but the fact is he wanted the french judicial council, however, said it would have been excessive and unconstitutional. joining us-- >> sorry, dave. >> dave: and for tax foundation from the heritage foundation. >> juliet: good morning, curtis. >> good morning. >> dave: what's the deal here, the decision made is not unconstitutional, but bottom line, bad for the economy? i think we can learn from this? >> that's right, the court has bailed them out. and the tax increase, 75% rate was going to really damage the french economy. the french economy's already strugglingling and adding on the economy would be worse. >> i'm looking at it, expected to be a temporary two year measure and affect 1500 people and raise less than 661 million dollars. >> but the revenue we brought in, and what it would have done, it would have reduced the incentives, and working an
, they are looking to get out of france because of the tax rate there. the they said only thing france will export in 21 century are millionaires. neil: they all go to belgium, it is obviously for more than just the chocolate. so, where do we stand? the markets have been nearly, if not dismissively going by all this and through all this, assuming i think that a teal would be had -- a deal would be had. tomorrow it looks like a deal will not be had, the they -- mas have turned sharply lower, 74 down in the futures. i am wondering, if that is a signal they could worry this is not a fore gone conclusion, we could go into the new year with no deal. >> i'm thinking, increasingly, that sequestration and going into the new year without a deal is the best possible thing for the u.s., it is the only way you will see spending decreases. you will get revenue increase on top. but hopefully, they will be in better balance, and president and administration are promoting today. neil: knowing you were coming on, craig, i was reminded by fedex, in its warning yesterday. normally when we see international companies
to france? stay tuned for this dvd. and david french accent coming up next. that whopper, but of course. [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. lori: how about a quick speed read of the other headlines, five stories, one minute, that is how it goes. u.s. immigration and customs enforcement auditing more countries than ever for illegal immigrants on the payroll. increasing from 250 in 2007, more than 3000 in 2012. projections showing movie attendance will end the year 5.6% after seeing two straight years of declines. not everybody is expected to be a winner with 3d attendance at family films posting a decline. "the hobbit" taking home 36.7 million over the weekend beating out the others. bringing in a total of $434 million in global ticket sales. according to the "wall street journal" some online retailers changed the strategy toward a consumer base on
in swiss francs. but because we are, again, operating in so many countries, having local costs, local currency costs as well as local currency revenues, we don't have any dilution of our profitability because of the strength of the swiss franc. so, actually, the more the swiss franc appreciates, you know, it has absolutely no effect on our profitability. it has an effect on the translation standpoint that it's stronger on the basis. >> okay. some interesting points. i think what's interesting is when you come here, we got a meeting today, kelly, of the account and they're going to approve pakistan later. but working on the bits of the doha rounds. one of the things that's going to be interesting is particularly the supply chaines and global exports. that's one of the things they think they can get pretty good progress on. for example, good at a port. why does the kaber have to be held up for sort of a week or two weeks and not put straight into the country? a lot of international countries saying that's a bigger hit on earnings than 1% or 2% in duty. it's getting this in the increasin
to an absolute tax revolution in a country like france, doesn't it? >> well, i think it's a big departure from french people, and overall population for sure. and a real tax revolt would be for them to kick, you know, the people who govern them and have been for all of these years out of power and actually truly market oriented. stuart: are you french? >> yes. you're speaking in terms of free markets in france. >> yeah, imagine that. stuart: wait a second, prime minister hollande, the prime minister for six months or something like that, the guy who instituted the 70% tax. >> he campaigned on it. stuart: and people voted him in. >> the irony, the 75% tax rate is called a patriot, you know-- which made me laugh because the french are everything, but patriotic. stuart: and you've got people like depardu leaving and people are saying he's a hero for leaving, and not paying the patriotic tax, that's a repudiation of the tax and repudiation of the socialists? >> it could be. remember, like he's not the first one to leave. so first left-- before that. >> and he went back after years and moved his--
winteror to be the next u.s. ambassador to the uk or france. do you believe that report? it's our gut check. be sure to check out our "news nation" tumblr page. you'll see behind the scene pictures and we got this picture of wynton march sal less yesterday in the house. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. yeah, the cisco ucsc series server, with the intel xeon processors, help us scale smoothly, like a perfect golf swing. how was it before? clunky and full of unnecessary impediments. like charles' swing. i heard that. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold s
that there was someone there... that's an amazing thing. ♪ >> sean: millionaires tax is costing france one of its fails actors. it started when he announced he will bid adieu to his french citizenship and move to belgium to escape the burdonsome tax rates. a million euros are taxed at a 75% rate that. didn't sit well with the french prime minister, who blasted the actor, calling his decision, unpatriotic and pathetic. the french actor has fired back, chastising the prime minister saying, i don't want expect to be pitied or praised, but i reject the word pathetic. he said, we will no longer have the same country. i am a true european, a citizen of the world and i hand over my passport and my social security card -- which i have never used. joining me with the author of the joy of hate, a new york times best seller, greg gutfeld. how are you? >> good to see you? >> what's going on? >> same old thing. hanging out. >> sean: congratulations on the good book tour. he's my favorite french actor. my favorite frenchman at this point. >> so you are devastated? >> sean: no. it's interesting. they thought, they we
the high taxes? in france, well move to belgium. french actor gerard d pechlt l pardieu says is doing that. he will welcome anyone from france who thinks taxes are way too enter us -- onerous who wants to follow in the actor's shoes to escape the high taxes the foreign minister says it is france's own fault if its citizens are leaving and they should accept the consequences, i agree. time to go off the desk. shaquille o'neal launching his own line of vodka. according to the "new york post" it will be called love shaq. luvshaq. our crew is giving it thumbs down. it might taste well. it will hit it next year. cocoa nut flavored vodka is sugar and gluten free it will have the nba star with giant wings. let's hope move into vodka successful than the rap career. liz: pitbull has its own vodka. i would rather that have. there is carmel vodka and cookly flavored vodka. not a vodka drinker. would you do that? david: i like good potato russian vodka. put it in the freezer. good stuff. liz: we'll see what melissa francis likes. she is next with "money"
magazine editor anna wintour oz our next u.s -- as our next u.s. ambassador to the u.k. or maybe to france. white house with press secretary jay carney defended the idea, insisting that nondiplomats like ms. wintour can make good envoys. >> what qualities does the president look for when he's going to pick an ambassador? an important ally like france or the u.k.? >> you know, i think that the president in all of his personnel appointments looks for talent, wisdom and character in his appointees, and he would do that regardless of the position. >> is it important for a diplomat to be diplomatic? [laughter] >> one of the, i mean, another way of addressing that is to answer the question there have been enormously effective diplomats in this country's history who have not necessarily risen through the diplomatic corps. we had one of the greatest diplomats of his generation pass away not long ago, richard holbrooke, and i think everyone who knew him or sat across from the table from him would agree he was not by anyone's traditional definition particularly diplomatic. >> no. but he was also a b
importance. >> i don't think any one of these guys has been publicly serious but the republic of france and to close loopholes in unspecified -- the republican offer is to close loopholes in unspecified ways. they need to get in a room and not leave. >> let's get blood if we're talking about people who stood up on this thing cou. the man who charles wants to put on hold the cards, paul ryan, cave like at $2 suitcase on in this. what about hensarling? >> it is the job of the president above all on this -- . >> the president has not lead on this, put the tax bills began in the house -- >> ryan offered a plan, the president offered nothing. >> she will be one of the top members of my national security team. >> john kerry says will have noomment on thseetarof stat process. he wants to be the next secretary of state. >> he probably will be the next secretary of state, and a fairly decent one. but this makes me kind of sad. >> this is a nice thing? riceon't know -- the susan thing? >> i don't know if she would have made a great secretary of state. some people say her elbows are too sharp. bu
, they were the uk and france in joint plays. >> i was hoping maybe the uk would get an olympics boost, but it appears to be still trailing italy by quite a ways. but there were no italian locations in the most instagram places until the world. six california locations made the list. and the top two places most snapped and shared on instagram may surprise you. they were the shopping mall in bangkok, thailand t b, and the sunni's airport. >> where is your top place that you would like to go, christian? >> i think i go with the americans here. i think it looks most likely that we're going to be in italy. >> i thought you meant he were going to the americas. but that's all right. >> i'm going with the americans will be. >> where in italy? >> sicily. sicily looks -- first of all, it's some place i've never been. in london any time of the year but certainly in summer. >> are you an instagram user? >> i am not. >> where do you want to go, kelly? >> in 2013? >> yes. >> i suppose i get around to see more of europe. i would love to go to russia and see moscow and st. petersburg. >> don't go in
of people mows and gimmicks. -- promos. lori: anything to make a buck these days. rich people in france and britain are saying bye to higher tax rates. are americans next? maybe not. tracy byrnes next on fox business. want to y to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understanthe difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage cocompany to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma!
to pronounce it. >> you did a nice job. >> cenk: might become ambassador to england or france. lizz, let me go back to you on this one. >> it's chic and fashion. >> cenk: yes, i didn't have to go to jayar. >> this one, i'm also kind of with you on this. i'm not a big get my fall vogue person but i did see "devil wears prada" which i believe was based on her insane anti- anti-diplomacy apparently you can be the biggest creton in the business. >> cenk: lizz makes a great point. this no longer seems amazing. okay, you have president obama half million dollars. now you'll be given something for that legalized bribe you collected for. >> this has gone on forever especially with france and england, that these two appointments specifically are reserved for people who have been able to get together a lot of money. >> i'm imagining a world how much can we raise for a president that we want. we go to them, hey can i get ambassador position with you and what is it that we're doing right to help you out? i just imagine the world and how much it's influenced. >> cenk: what is 20 bucks get me? can i get amb
foreign jihadists, is a malley, germany, u.k. and france on the ground in syria. that man said he wants to establish strict adherence to shariah law in syria adding that the taliban is example to follow. >> opposition has to take steps to isolate extremists and those with a different agenda. >> the leader is pushing the u.s. to reconsider the decision to label militant islamic use to claim religion is legitimate motivating factor for the rebels. the u.s. says the group is a front for al-qaeda in iraq. chris? >> chris: thanks. >> you're welcome. >> chris: federal appeals court struck down the nation's last date wide been a on carrying concealed weapons. illinois now has 180 days to write a new law permitting people to carry guns for self-defense. unfortunately, no one armed or otherwise was able to stop a young man with an illegal gun from fatally shooting two people and himself at a suburban portland, oregon, shopping mall tuesday. correspondent dan springer says it could have been worse. >> cell phone video shows the kay yous in a mall in -- chaos in mall in portland. they ran for live
: did you hear about a french actor fed up with sky-high taxes is fleeing because france will not stop hiking taxes, the massive 75 percent top tax rate for the rich includes him and he ain't happy. it is not sitting well and he is going to belgium and it is not just for the chocolates. lower tax rate. goodbye, france. rand paul not surprised. he says it will be a scene repeated here. that is what you are worried about? >>guest: money goes where it is welcome. you raise taxes high, money will go to other places. in the united states you find this, high tax states like illinois and california are seeing people leaving. we have a corporate income tax here that is 23 percent and one that is 15 percent in canada. if you have a new company you want to open up, where would you rather open up? a company with thrive percent income tax or 15 percent? >>neil: a lot of companies do not pay that rate. i see what you are saying, it will never get down to 15 percent for some companies but it is a very high rate. when the president was talking about lowering corporate tax rates to bring more republic
affects wall street or could affect wall street, as we near the 11th hour. france tried to put a heavy tax burden on millionaires. the result, find out next. >> bret: no grapevine. top story, fiscal cliff is going over it. the senate majority leader, not moved the bill to the senate floor yet. the house would only deal with whatever passed the senate. if it passed the senate at all. all indications are the house will not vote on any fiscal cliff legislation tonight. here is how the potential deal stacks up. they will be taxed at 39.6%. up from 35%. tax on capital gain and individuals for $400,000 for individuals would increase to 20%. from 15%. the alternative minimum tax is permanently indexed to inflation. it has been annual patch. that would be permanent. the plan extent the child tax red earned income tax credit. up to $2,500 tax credit for collision tuition. unemployment benefit are extented for one year. same for the medicare doc fix and the social security payroll tax cut. reverse to rate of 6.2%. those are the deals as they stand right now. although things are developing and they c
stay on the pathway we're currently on we're headed to the nanny state which is france and greece. that concerns me a great deal and the country will not be able to deal with the leader of the free world if we continue on that pathway. >> what would that look like for the average citizen? >> the average citizen more and more their life would be dependent on uncle sam. the difference between america and the rest of the world is our founding fathers placed the highest priority on individual enterprise and individual spirit. if people are willing to say my dependent upon my own willingness to work hard and impact the process we will continue to have that driving force that makes us the strongest country in the world. if we're not careful, we will walk away from it and soon, unfortunately, we'll be like france. >> do you have any sense there is a generational sense on views how the government should serve the public among younger americans than it is among baby boomers and older? >> i'm hopeful we can convince the cross section of the younger generation that their contribution to our
'm thinking of frog legs now. i'm in france. entitlement society, that is. neil: kidding. that says something about the society where we wouldth construct a model to get benefits rather than encourage a model or youtube site that encourages you to get off of the benefits. >> the worry to me is there's a washington post news poll saying over half of americans don't want entitlements like medicare, medicaid, and social security to be touched. neil: when asked in the aggregate to address spending, they say yes. >> you're right. i come from a country that's dealt with deficit reduction or trying to, and we know, understand, it's all about shared sacrifice, which is why car star you know bucks had a backlash in the u.k. because it was not paying corporate tax at all. americans need a shift, i guess, in the sensibility and change their minds, i guess, in the way british people had to. neil: not that you're out of the woods yet. >> not at all,. kneel noel i don't -- neil: i don't see the shift. even in the latest rumor fiscal cliff deal, more attention to how much taxes go up and who pays them, how
. the government is dictating to the market what can be brought to the market. for example, france, belgium, outlawed fracking. melissa: wow. >> in years to come they will be more dependent on imports of natural gas. japan in the wake of fukushima is now downgrading its nuclear industry. in the future it will be become more dependent on these resources. the united states is embracing these resources so we're the united states and canada, for that matter are moving towards energy independence, europe and parts of asia are --. melissa: moving towards being more dependent. the problem china is having with the water is something we were suffering from this summer in the drought as well. is there a solution for that coming down the road? is there a way for recycled water for fracking instead of drinking? s seems like somebody would fix that problem? >> again this is part of the environmental concerns and are fantastic being brought to the fore, the industry here in north america is coming greater scrutiny. this technology has been around for 30 years. it is proven to be safe, but the greater the
be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>> game on, movie fans. they gave out their awards and the bulk went to two live stories, "lincoln" and "zero dark 30." well, anyway, the l.a. times had a fascinating article about how this influential group, the critics, is an oscar predictor. and by the way, they honored frankenweenie. you can prevent gas with beano meltaways, or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. >>> if you're a conservative republican you might feel under attack this morning. a series of events point to a growing concern over the right wing of the party. th
to either britain or france. she was among the president's top campaign fund-raisers. >>> and this morning, a powerful teachers union is trying to raise the bar for teachers, calling for a tough, certification test, not unlike the bar exam for lawyers. the federation of teachers want to maintain a 3.0 grade point average and have ten hours of field experience. sound like good ideas. >>> the flu season has arrived already. the earliest in nearly a decade. officials are warning the primary strain making the rounds right now is more severe than others, especially for the elderly. >>> finally, a reminder. never a good idea to show off. a man who writes for a motorcycle magazine in france, test driving a snazzy new yamaha, along the waterfront. we all know -- oh. >> what? >> how did it happen? he took a right, elizabeth. >> he bumped -- looks like he bumped into something. and what bad luck to fall into a boat? >> very bad luck. i assure you, as i do in cases like this, no one was hurt. pride, though, that's another story. >> that wounded ego. >> it was in france. >>> let's get to lara in londo
roughly speaking in the likes of italy and france and actually grew for germany. then in q4, it seems that there is a greater degree of destocking i think, materializing. i think that is going to lead to some weakness on the industrial production side and it does appear that the austerity is very much perceived by household and by service sector companies. and that explains this relatively soft data. it's a sign that really we are still in a period of multi-year major fiscal entrenchment and at the same time, we have a very cautious perspective towards taking on debt. both by the suppliers and the demanders of that debt. >> julian, very briefly, will we see more qe? will we see any more next year or not? >> well, it will depend, i think, on how things develop. on our baseline forecast, the answer to that would be no because we are looking for recovery coming through really reasonably significantly from the first quarter of next year with .4% quarter on quarter. >> julian, thanks for that. always good to see you. julian kelly joining us from barclays. which country is more corrupt and
, french actor gerard depardu, he is leaving home, leaving france because of higher taxes and handed in his passport. now, the french prime minister has some choice words for mr. depardu. he's obviously in the happy with him and find out exactly what he said at ten o'clock eastern time this morning. time is money. 30 seconds, here is what else we've got for you, an in japan, again, a landslide win, so, what's the new prime minister going to do about the world's worst debt problem? print more money and stimulate more, too. build more infrastructure. will that work? we have our own resident japan expert. question, is jeff immelt's cozy relationship with the president costing general electric shareholders money? we will be discussing it. and i lost on friday when i questioned "the washington po " post's" claim that the senate would be better with more women. i'm not done debating that. more coming up on this program today. and we want to hear from you as well. send your e-mails to varney@foxbusiness.com and we read them on the air. and we read all of them, by the way. i've got news, clearwire
class of course, and i will even throw in a stopover in tax happy france. here is how piers morgan puts his threat to leave, quote, i can spare those americans who want me deported a lot of effort by saying this, if you don't change your gun laws to at least try to stop these relentless tidal waves of murderous carnage then you don't have to worry about deporting me. i'll have my take on piers morgan in our next hour or so. clearly, i've got a dog in this hunt, i am english, i'm an immigrant, et cetera, et cetera, and i've got a strong opinion on pierce morgan. let's go back to kelly jane, what do you think of piers, my good fellow. >> is anybody crying about this, is anybody worried that piers morgan is it going to leave? you know, i hate to be -- i hate to be snarky, but i think that people were very surprised when he got that slot after larry king in the first place and his show has been most successful in giving people things to laugh at the day after. stuart: ooh, that was good, kelly jane. that was really nasty. . [laughter] thank you very much indeed. >> i love the english, i lov
know what. stuart: he went on a cheese shopping trip just before he exited france and went to belgium. charles: france has better cheese, but belgium has them on the chocolate. stuart: dagen and connell, it is your turn. connell: stuart varney, ladies and gentlemen. good morning, everyone. i am connell mcshane. dagen is off. we will have the very latest on the fiscal cliff face up. home sales out of the basement meantime. we may have finally turned the corner and housing. how you can cash in. that is just ahead. it is looking like a white christmas in the midwest. the retailers are not celebrating this by any means. it is the intercontinental exchange. that is what ice means. nicole: i like that. they do not have a name yet. we had both ceos on the fox business at work earlier today. moving to a new annual high today. they are making the move. they are making this purchase. this is at a 38% premium. i have to tell you, traders are not so happy about it. all right. let's take a look at the dow jones industrial. the markets are pretty much mixed. not too far off that unchanged line. con
with what's happening there. >> okay, rick, huge in france. we know french economy not that good. women want to make some money during this period. france is strong for you. >> we've grown, almost doubled the company in the last five years in france. we're the biggest company of our kind in france. we're the largest seller of cookbooks in france. we had some issues the first two quarters, during the election, as you know, most of the consumers sat on the sidelines. we're starting to see it come back to life again. so we feel very good about france. ditto germany. >> isn't that incredible. >> rick, 52-week high when compared to avon. incredible. thank you so much for joining us. >> good to be here. >> good to see you. >> all right. stay tuned. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to ge
and east jerusalem. on top of that britain, france and sweden summoned the israeli ambassadors to their country to condemn this move and france and england have said there is an appetite to disapprove of israel right now. what's happening to the tense situation there? >> the israeli response of calling for a settlement construction is a response that's viewed negatively across the international community by the united states as well as in many parts of israel itself. so it's a move intended to play to the base of benjamin netanyahu's core constituency. it doesn't help build confidence in a diplomatic process. this reiterates why the united states does need to be involved and engaged in resolving this issue. both side right now are using international pressure points to try to make their arguments and really are stuck in a stalemate. >> joel rubin. great to have you here. thank you, sir. of course the big breaking news we told you earlier from england. prince william and kate are expecting their first baby april a future heir to the throne. we'll bring you the details next. conc
to raise the debt ceiling. dennis: what is a few hundred billion between france? coming up on our all-star panel, stop dithering in washington and get a deal done? cheryl: there's more hope for housing recovery. the national cessation of home builders now with the latest survey showing home builder confidence at its highest level since april of 2006. joining me is the ceo of the n h b and a lot of analysts were looking for that 50 mark and the index breaking through and what happened? >> just like everybody else, our members are watching the fiscal cliff discussions and potential implications of raising taxes on small businesses, small-businesses the 70% of the everybody else we are holding our breath and hovering just below 50%. cheryl: what do you remember about the mortgage interest deduction? that is on the table in the fiscal cliff, and you worry about housing? >> absolutely. with this recovery in release stages we are concerned about anything that would kill the markets and raising taxes on small business, and when the signs are positive, just a little more cautious than we thou
personal appointments. the editor in chief of vogue is r rumored to become the ambassador to france or the u.k. she is one of obama's biggest fund raisers. >> unprecedented cloud free view of the world at night. aren't those great? you can thank a brand new nasa satellite that has a special sensor for night viewing. patti ann? >> norah, the north american aerospace defense has been tracking santa every year as he travels around the world for christmas. ever since 1955 without fail. a new children's book shows how important this defense command is to keeping christmas safe. michael keen is the author of the night santa got lost. how norad saved christmas. great to have you here. >> thanks for having me. >> what inspired you to write this book? >> i was embedd in iraq with the 101st air division we were in a town close to the syrian border in 2003. on christmas day the troops got me and dragged me out of bed early and wanted to show me something. dragged me outside flthrough a flood light on and illuminated this 50-foot christmas tree they put up. you can't find a christmas tree in ir
when they pretended to be the president of france. >> you have been pranked. >> have we been pranked? >> reporter: in london, prince william spoke of the news over the weekend. not making a reference to the juth of the nurse but making a joke at a charity event about how morning sickness should be called all day and all night sickness. we have heard from the nurse's daughter who says she misses and loves her mother. the bosses from the station held an emergency meeting overnight and tell us the deejays could make a first public statement this week. >> a lot of people waiting to flare them. thank you. >>> back in this country tonight and a giant winter storm this evening. a foot and half of snow in places. and the snow is moving east. here is ginger zee tonight. >> reporter: more than 150 flights canceled. 300 crashes on minnesota roads, and roads across minnesota are shutting down due to blowing snow. the biggest snowstorm in two years around the twin cities is dropping more than a foot and a half of snow in the northern plains and the west great lakes. look at the images from fargo,
capacity by 11% since 2005. mary frances fagan works for american airlines, which canceled 377 flights on thursday. >> to the degree we have the capability of adding flights to very popular destinations we do that, and i'm sure other carriers that have that capability do as well. >> reporter: but not everyone is going to one of those very popular destinations, scott. and for those who are not, the message from the airlines is "patience, please." >> pelley: dean, thanks very much. we found another sign that the economy is recovering and we'll tell you about it next. tell you about it next. i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. get two free strip
. appreciate it. france is pretty good, too. >> bye. >>> coming up, the early read on the trading session from the futures pits in chicago. >>> first, are you expecting a year-end bonus? what is that? you ever heard of -- no. we have not. a survey by challenger, gray, and christmas finds three out of four -- three out of four? will be handing them out. three out of four. thanks, nick. >> we're the bottom four. >> we're the four. handing them out, up 53%. we get these buttons. that's up 53% from a year ago. [ male announcer ] when gloria and her financial advisor made a retirement plan, they considered all her assets, even those held elsewhere, giving her the confidence to pursue all her goals. when you want a financial advisor who sees the whole picture, turn to us. wells fargo advisors. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. >>> dow futures up. s&p
the rest of that story. heather: then there is that. france's socialist government promising to keep fighting for higher taxes on the rich after its controversial 75% super tax was ruled unconstitutional. greg palkot is live for us in london with these details. hi, greg. >> reporter: hey, heather. you think the wrangle over higher taxes in the states is serious check out what is happening in france. just over the weekend the french constitutional court said a planned 75% tax on those earning the equivalent of $1.3 million or more a year should be thrown out as unfair. it had already been blasted by government critics as anti-entrepreneur and anti-business. one skeptic branding it as fiscal bludgeoning. the government trying to balance the budget on the backs of the rich. it sparked a anecdotal rush of high rollers from the french exits including a well-known actor gerard depardieu who will move next door to belgium. french president hollande is not really defeated. court through a tax out more on a technicality. the government is planning to issue a reworded tax bill soon and there a
has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is the first prominent candidate to declare for the race. >>> mom and pop shops across the country bracing for a labor fight that could cripple businesses. more on the key workers that could walk off the job coming up. consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust go
wine. you get in a car in paris, go 90 miles east and you'll be in a beautiful park in france. but they're not the only people and place you can get sparkling wine from. i brought five fantastic sparkling wines. it's a party now. they come from different places in the world where sparkling wines come from. they're all $20 or less. you don't need to spend a lot of money to have a lot of fun. >> let's go through them. cava from spain is $9. i drink a lot of that. >> this sounds like a law firm in barcelona. some of the most amazing sparkling wines and values come from spain and it's only $9. it's made like a champagne but doesn't cost lime one. >> how much is that? >> it's $12. it's absolutely a party in a bottle. >> if you go to italy, whether you're in rome or venice, you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that. >> people think of australia gives us chardonnay and others. this is jacob's creek. ice made exactly like a champagne, chardonnay
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